Torstar Corp said it would sell romance novel business Harlequin Enterprises Ltd to News Corp for C$455 million ($415 million).

Berkshire Hathaway Inc's energy unit said it would buy AltaLink, Alberta's largest electricity transmission company, from SNC-Lavalin Group Inc for about $2.9 billion in cash.

Fairfax Financial Holdings, the property and casualty insurer run by investment guru Prem Watsa, said first-quarter profit more than quadrupled due to strong investment gains and improved underwriting results.